قیمت ضایعات فولادی در چین به ۲۴۱۷.۹ یوان در هر تن رسید و تقاضای فولادسازان افزایش یافت. تولیدکنندگان پس از توقفهای تعمیراتی به فعالیت خود ادامه دادند و بهرهبرداری از ظرفیت به ۳۹.۶۷ درصد رسید. با این حال، موجودی ضایعات فولاد به ۴.۸ میلیون تن کاهش یافته که نیاز کارخانهها را به مدت ۹.۲ روز تأمین میکند.
China’s domestic rebar prices edged up on Friday June 4 on stronger demand ahead of the weekend, ending the week 200-yuan-per-tonne above the previous Friday’s close in the eastern region, sources said.
The October HRC futures contract closed at 5,017 yuan per tonne on Wednesday, down 264 yuan per tonne from the previous day. Prices are expected to fall in China at the moment. Due to the high cost of infrastructure in China, the country's economy can not keep up with growing demand. Therefore, we are witnessing mandatory pricing in the Chinese steel market.
Hot-rolled coil prices in China’s domestic market traded in a smaller range on Wednesday June 2, following the volatility in Tuesday’s session driven by uncertainty over production curbs in Tangshan.
Hot-rolled coil prices in China’s domestic market traded in a wider range on Tuesday June 1, following the choppy trading in the futures market while market participants looked closely at the production curbs in Tangshan, sources said.
China’s domestic rebar prices retreated on Tuesday June 1 following a proposal from local authorities in Tangshan to lower the rates of steel mills’ emission cuts to 20-30% from the current 30-50%.
Hot-rolled coil prices in China’s domestic market cruised higher on Monday May 31, with the futures market extending its rally.
Sellers in China’s domestic rebar market stopped lowering prices on Tuesday May 25, which led to a pick-up in end-user demand.
China’s domestic rebar prices fell sharply on Monday May 24, following drops in futures prices and billet prices over the weekend, on news that China’s National Development and Reform Committee (NDRC) had started a probe into commodity prices, causing mills to go into the red.
China’s domestic rebar prices fell rapidly on Wednesday May 19 on softer demand as a result of rain.
The drop in demand for imported billet in China in recent days has resulted in traders reducing the bid prices placed in new tenders with Iranian mills, Fastmarkets learned on May 19.